SMM January 9 News:
This week, the iron phosphate market price remained stable as the main trend, benefiting from the gradual implementation of the price increase at the beginning of January. Market demand met expectations, and trading activity was robust, reflecting strong demand for LFP battery materials. Most downstream LFP customers accepted the price increase of iron phosphate, and market transactions were relatively active.
However, the price increase of iron phosphate does not necessarily mean that related companies can easily turn losses into profits. Due to a long history of losses and delayed payments from downstream customers, some iron phosphate companies will still face funding gaps at the end of the year. This situation reminds us that a mere price increase is not enough to solve the deep-seated financial problems of enterprises.
In such a market environment, iron phosphate companies need to plan their future production and operational strategies more cautiously. Reasonable production plan adjustments and strengthened risk management will be key to the steady development of enterprises. Meanwhile, due to differences in business strategies among companies, price competition in the market remains intense, requiring companies to maintain market competitiveness while also focusing on their financial health.
SMM believes that although the iron phosphate market shows positive trading activity and price stability, companies still need to plan carefully to ensure steady development in a complex and volatile market environment.
SMM New Energy Research Team
Cong Wang 021-51666838
Rui Ma 021-51595780
Ying Xu 021-51666707
Disheng Feng 021-51666714
Yujun Liu 021-20707895
Yanlin Lü 021-20707875
